Mukhyamantri Yuva Udyami Vikas Abhiyan: To start employment in UP, the government will give a loan of Rs 5 lakh without interest and guarantee. Know how to apply for the scheme.
Mukhyamantri Yuva Udyami Vikas Abhiyan: The Government of India runs many types of schemes for the people of the country. Crores of people of the country get the benefit of these schemes. Apart from the central government, the governments of different states of the country also run many types of schemes for the citizens of their state.
The Uttar Pradesh government has recently started a new scheme for the people of its state. Under this scheme, the government gives a loan of up to Rs 5 lakh without interest to these citizens of the state. Let us tell you what this scheme is and who gets interest-free loan from the government under this.
UP government will give loan to start employment
Very good news has come for the youth living in Uttar Pradesh. A new scheme has been started by the Uttar Pradesh government MSME department. Its name is Mukhyamantri Yuva Udyami Vikas Abhiyan. Under this, the youth are given interest-free loan by the government for employment. Under this, the government will give a loan of up to Rs 5 lakh without interest and any guarantee to set up industry in Uttar Pradesh. Which will be given for 4 years. For this scheme, the government has deployed a team of economic experts in every district. This team includes chartered accountants and bank officials. Let us tell you that this scheme has been started from 24 January.
How to apply for the scheme?
To apply for the Mukhyamantri Yuva Udyami Vikas Abhiyan, you have to visit the official website of MSME website of Uttar Pradesh government https://msme.up.gov.in. If you are unable to decide what kind of business you want to start, then you will be given help by the government. Let us tell you that on this website you have also been given 400 project reports and 600 business ideas. By looking at them, you can start your business.
These people will get a loan of Rs 10 lakh
Let us tell you that under this scheme, it is necessary to have passed at least 8th standard to get a loan. However, 10th pass applicants will be given priority for the benefits of the scheme. And the applicants who successfully repay the loan of Rs 5 lakh within 4 years will be given a loan of up to Rs 10 lakh on which 50% interest will be waived.
